Fleitas Armando 4

What Happened
Armando Fleitas, Executive Vice President and Chief Accounting Officer of Amerant Bancorp (AMTB), had 834 restricted stock units (RSUs) vest on May 11, 2026. The RSUs converted into 834 shares (no exercise price). To satisfy tax withholding on the vesting, 204 of those shares were surrendered at $23.09 per share for a withholding value of $4,710, leaving a net 630 shares issued to him.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 13, 2026.
• Vesting/conversion: 834 RSUs converted to 834 shares (code M) at $0.00 exercise price.
• Tax withholding: 204 shares surrendered (code F) at $23.09/share for $4,710.
• Net shares retained from this vesting: 630 shares (834 issued minus 204 withheld).
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1 notes each RSU equals one share; F2 confirms shares were surrendered to satisfy tax withholding; F3 explains the RSU award (2,500 RSUs granted May 9, 2023, vesting in three roughly equal annual installments, with the 2026 vesting deferred to May 11, 2026 as the next business day).

Context
This was a routine vesting of RSUs (an award), not an open-market purchase or an opportunistic sale. The surrender of shares to cover taxes is a common cashless withholding mechanism and does not by itself indicate buying or selling sentiment. The filing shows conversion/settlement of the derivative RSU award into shares and the associated tax withholding.